KULR Technology Group, Inc. (KULR)

KULR Technology Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	11.44	10.74	9.83	3.99	2.41	0.62
Revenue Growth (YoY)	16.47%	9.23%	146.08%	65.55%	286.70%	-24.86%
Cost of Revenue	6.26	5.25	6.16	1.63	1.1	0.19
Gross Profit	5.18	5.48	3.67	2.36	1.31	0.44
Selling, General & Admin	18.97	15.98	18.94	16.45	11.16	2.49
Research & Development	6.23	4.74	7.14	4.2	1.66	0.29
Operating Expenses	25.2	20.72	26.08	20.65	12.82	2.78
Operating Income	-20.02	-15.23	-22.41	-18.29	-11.51	-2.34
Interest Expense	-1.15	-1.36	-1.45	-1.45	-0.13	-0.51
Interest & Investment Income	0.18	0.01	-	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-	-0	-
Other Non Operating Income (Expenses)	-10.42	-0.95	0.17	0.15	-0.13	-0
EBT Excluding Unusual Items	-31.41	-17.53	-23.69	-19.59	-11.77	-2.85
Other Unusual Items	0.09	0.01	-	0.15	-0.14	-
Pretax Income	-31.32	-17.52	-23.69	-19.44	-11.91	-2.85
Net Income	-31.32	-17.52	-23.69	-19.44	-11.91	-2.85
Preferred Dividends & Other Adjustments	-	-	-	-	2.62	0
Net Income to Common	-31.32	-17.52	-23.69	-19.44	-14.54	-2.85
Shares Outstanding (Basic)	221	187	118	106	96	82
Shares Outstanding (Diluted)	221	187	118	106	96	82
Shares Change (YoY)	76.41%	58.37%	11.51%	10.35%	16.72%	2.38%
EPS (Basic)	-0.14	-0.09	-0.20	-0.18	-0.15	-0.03
EPS (Diluted)	-0.14	-0.09	-0.20	-0.18	-0.15	-0.03
Free Cash Flow	-24.01	-17.94	-12.88	-21.46	-9.34	-2.78
Free Cash Flow Per Share	-0.11	-0.10	-0.11	-0.20	-0.10	-0.03
Gross Margin	45.28%	51.07%	37.29%	59.18%	54.33%	69.89%
Operating Margin	-175.06%	-141.89%	-227.99%	-457.76%	-477.17%	-375.09%
Profit Margin	-273.86%	-163.20%	-241.03%	-486.56%	-602.41%	-457.04%
Free Cash Flow Margin	-209.90%	-167.06%	-130.99%	-537.18%	-387.21%	-444.95%
EBITDA	-18.6	-13.43	-20.2	-18.03	-11.45	-2.32
EBITDA Margin	-162.63%	-125.11%	-205.47%	-	-	-
D&A For EBITDA	1.42	1.8	2.21	0.26	0.07	0.02
EBIT	-20.02	-15.23	-22.41	-18.29	-11.51	-2.34
EBIT Margin	-175.06%	-141.89%	-227.99%	-	-	-
Advertising Expenses	-	2.83	1.8	0.87	0.15	0.12

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q